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303: Ouch! Brandon & David's 10 Biggest Investing Mistakes (& How to Avoid Them)

303: Ouch! Brandon & David's 10 Biggest Investing Mistakes (& How to Avoid Them)

FromBiggerPockets Real Estate Podcast


303: Ouch! Brandon & David's 10 Biggest Investing Mistakes (& How to Avoid Them)

FromBiggerPockets Real Estate Podcast

ratings:
Length:
87 minutes
Released:
Nov 8, 2018
Format:
Podcast episode

Description

Are you a little tired of hearing about all the “successes” of real estate investors and wondering how realistic this is in the real world? Well, on today’s show, Brandon and David share the 10 biggest mistakes they’ve made in their investing careers—warts and all! Let’s be honest—real estate isn’t all sunshines and rainbows. Mistakes happen! In this episode, we cover WHY investors often sabotage their own success and what can be done to overcome this! You’ll learn how to avoid massaging your numbers to force a bad deal through, how to guard against getting ripped off by contractors, how to hire the RIGHT team members to help you succeed, and how to fire the wrong ones! We also cover the high cost of analysis paralysis and how to move past it, how to choose the right market for yourself, and the mistake that cost David $5,000—simply because he didn’t understand how inspection periods work in different states. If you want to see the real story behind real estate investing, including the stuff that often isn’t talked about, don’t miss your chance for some authentic, honest transparency from two experienced investors! Links from the Show BiggerPockets Forums BiggerPockets Webinars BiggerPockets Podcast BiggerPockets Contractors BiggerPockets Loans BiggerPockets Analysis Tools Biggerpockets File Place How to Buy Real Estate & Build Your Portfolio Fast! ("The Stack!")
Released:
Nov 8, 2018
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.